ILU 1.33% $5.92 iluka resources limited

Reuters has an interesting article up on European REE...

  1. 5,488 Posts.
    lightbulb Created with Sketch. 1357
    Reuters has an interesting article up on European REE objectives.

    https://www.reuters.com/markets/commodities/race-regain-rare-earth-glory-europe-falls-short-mineral-goals-2024-06-27/#:~:text=According%20to%20the%20Reuters%20analysis,45%25%20of%20needs%20by%202030.

    Lots of gesturing at 'not before 2030' if they start now.

    Environmental permits for mines, uneconomic prices, uncertain demand and the need to stand up an entire REE chain make the task very challenging.

    I foresee Europe will simply wave the credit card and buy from the US/Aus chains, exporting the environmental hazards.

    Ash

    (I hold NTU)



 
watchlist Created with Sketch. Add ILU (ASX) to my watchlist
(20min delay)
Last
$5.92
Change
-0.080(1.33%)
Mkt cap ! $2.533B
Open High Low Value Volume
$5.94 $6.02 $5.88 $6.439M 1.083M

Buyers (Bids)

No. Vol. Price($)
1 3071 $5.91
 

Sellers (Offers)

Price($) Vol. No.
$5.93 1967 1
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
ILU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.